Retail Turnover Up 0.1% June Quarter 2016

Retail Turnover Up 0.1% June Quarter 2016

Australian Bureau Of Statistics

Retail Turnover Rises 0.1 % In June

Victor P Taffa

Australian retail turnover rose 0.1 % in June 2016, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a rise of 0.2 % in May 2016. In seasonally adjusted terms, there were rises in

  • Clothing, footwear and personal accessory retailing (3.5 %),
  • Household goods retailing (0.3 %),
  • Department stores (0.7 %).

There were falls in

  • Food retailing (-0.6 %),
  • Cafes, restaurants and takeaway food services (-0.1 %),
  • Other retailing (-0.1 %).

In seasonally adjusted terms, there were rises in

  • Queensland (1.1 %),
  • Western Australia (0.1 %).

Turnover in South Australia was relatively unchanged (0.0 %).

There were falls in

  • New South Wales (-0.2 %),
  • Victoria (-0.1 %),
  • Australian Capital Territory (-0.6 %),
  • Northern Territory (-1.1 %),
  • Tasmania (-0.2 %).

The trend estimate for Australian retail turnover rose 0.2 % in June 2016 following a 0.2 % rise in May 2016. Compared to June 2015 the trend estimate rose 3.1 %.

Online retail turnover contributed 3.4 % to total retail turnover in original terms.

In seasonally adjusted volume terms, turnover rose 0.4 % in the June quarter 2016, following a rise of 0.5 % in the March quarter 2016.

The largest contributor to the rise was other retailing, which rose 1.9 % in seasonally adjusted volume terms in the June quarter 2016.